Opportunity for families to become owners of their own home – Minister
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“Thousands of families will now be able to become owners of their homes.” This was said by the Minister for Transport, Infrastructure and Capital Projects Ian Borg and Parliamentary Secretary for Planning and the Property Market Chris Agius, during a press conference held in Gozo.
The launch of this new scheme is for the redemption of emphyteusis and the purchasing of residential properties which will be affecting around 5,000 families, they said.
As of September of this year, those who have temporary emphyteusis or rent with the government will be able to submit an application to become owners of their homes, Minister Borg said.
He explained how this scheme will be giving this opportunity to those Gozitan and Maltese who live in government property subject to temporary emphyteusis or rent. The scheme is aimed at residents and not at businesses or commercial properties.
“This announcement is one that has been desired for years by thousands of families and said that injustices towards those who have temporary Joint Office residential emphyteusis and those who have emphyteuses with the Housing Authority that could already be redeemed will also be addressed.” He added that this scheme will have similar conditions to the one of 2012.
Parliamentary Secretary Chris Agius said that this scheme will help thousands of families who have been waiting for a number of years to truly become owners of their homes.
He added that this is another scheme being issued by the Lands Authority together with the Joint Office to solve requests that have been pending for several years.